Office Building with Wraparound
New
For Sale
$1,099,900
2037 Grayson Highway, Grayson, GA 30017
Commercial Sale, Grayson, GA
Property Size3,248 SF
Lot Size1.05 Acres
Price / SF$338.64
Days on Market5
Property Features for 2037 Grayson Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
10
Parking features
Parking Lot
Fencing
Fenced
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
2037 Grayson Hwy is located on Hwy 20 between Grayson-New Hope Rd and Rosebud Rd. Parkside at Grayson shopping is right beside property to the right.
Standard status
Active
APN
R5136 028
Size
3,248 SF
Lot size
1.05 Acres
Additional Details
Currently Operating
Yes
Property Use
Office
Condition
Turnkey
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11053
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1897
Flooring type
Hardwood
Building materials
Concrete
Roof type
Composition
Buildings
2
Listing Agency:
Keller Williams Realty Atl. Partners
(678) 808-1300
Listed By:
Doug Minton · License #338899
(404) 520-0015
Added: Oct 30
Last Checked: Nov 3 at 7:06AM
MLS# 10882096
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story office property contains 3,248 square feet on 1.054 acres. Its current layout provides three offices, a kitchen, a break area and two restrooms on the main level, with four additional offices and a bathroom upstairs. A detached storage building adds separate storage space. The building dates to 1897 and features hardwood flooring, a wraparound porch and a newer roof. Electrical and plumbing updates have also been completed.
The property is at 2037 Grayson Highway in Grayson, with a connection to Grayson's Park. The Railyard, Kroger, restaurants, shops and strip centers are within walking distance. Site features include a parking lot, fenced grounds and an accessible approach with a ramp. Public water and septic service the property.
The property is at 2037 Grayson Highway in Grayson, with a connection to Grayson's Park. The Railyard, Kroger, restaurants, shops and strip centers are within walking distance. Site features include a parking lot, fenced grounds and an accessible approach with a ramp. Public water and septic service the property.
Key Highlights
- 3,248‑square‑foot office building on 1.054 acres
- Two stories with seven offices, a kitchen, a break area and three restrooms
- Detached storage building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,494
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,880
$869.9K
Cap Rate 7%
$621,343
$621.3K
Cap Rate 9%
$483,267
$483.3K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$77.5K $23.87/SF
− Vacancy
−$19.5K −$6.02/SF
EGI
$58.0K $17.85/SF
− OpEx
−$14.5K −$4.46/SF
NOI
$43.5K $13.39/SF
Area
Gwinnett County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,880
Cap Rate 7%
$621,343
Cap Rate 9%
$483,267
Alternative Uses
Best Use
Office B
$621.3K
$543.7K – $724.9K
NOI $43,494 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$907.9K
$794.5K – $1.06M
NOI $63,556 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 30017, GA
24,642
Population
8,097
Households
3
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
11.6 sq mi
ZIP Area
2,124
Density / Sq Mi
$95,654
Median Household Income
$55,386
Median Earnings
$1,878
Median Rent
$392,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story workspace includes private offices, a kitchen, a break area and three restrooms.
Where is this office building located?
The property is located at 2037 Grayson Highway Grayson, GA.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: 3,248‑square‑foot office building on 1.054 acres; Two stories with seven offices, a kitchen, a break area and three restrooms; Detached storage building
